Cynerio, a provider of Healthcare IoT cybersecurity and asset management solutions, has secured $30 million in Series B funding.
The investment round was led by ALIVE Israel HealthTech Fund. Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor MTIP also participated in the funding round.
ALIVE co-investors, CBG London investment company owned by Vincent Tchenguiz, also participated in the round, and additional co-investors will join as well, including a leading UAE-based investment group.
The funding will further support the acceleration of technological development and enhance support to Cynerio’s existing customers while reinforcing its leading position in North America as well as its global expansion.